Friends of the Brockton Council on Aging Inc

Analysis

Friends of the Brockton Council on Aging Inc is a registered charity in United States, based in Brockton, MA. It received its IRS tax-exemption ruling in September 2000, 26 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Friends of the Brockton Council on Aging Inc reported income of $109k and spending of $119k, spending 108% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $39k to $109k (+177%), an average of +177% a year. The sharpest change came in the year to June 2024, when income rose by 177%. Over the whole period it spent 107% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Friends of the Brockton Council on Aging Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 46th percentile within MA. Charities of a similar size with the same main cause include Pomona Community Foundation ($109k), Touch Base Center for the Deafblind ($109k) and Pettaway Pursuit Foundation ($109k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 97% of the total. At year end it held assets of $240k against liabilities of $0, net assets of $240k.